In its 2022 Annual Report, released today, Weir Group reviews its performance from several angles – financially, strategically and of course from a sustainability standpoint. It says with large greenfield expansion projects slow to convert, miners met demand by accelerating production from existing assets and by developing harder and more complex ore deposits. Group revenue was[…]
Swedish mining group Boliden is becoming one of the first in the world to start using battery-electric trucks for heavy underground transport starting 2023. In mining environments, the electric trucks can deliver several big advantages – including no exhaust emissions, a safer workplace, and quieter working conditions. The mining industry is today going through a[…]
Accenture has agreed to acquire industrial artificial intelligence (AI) company Flutura, headquartered in Bangalore, India. Flutura Accenture says will strengthen its industrial AI services to increase the performance of plants, refineries, and supply chains while also enabling clients to accomplish their net zero goals faster. Accenture plans to bring Flutura’s capabilities to clients in the[…]
China’s XCMG has increased its influence in mining outside of its domestic market in recent years – including a landmark 2021 agreement with Vale that has already seen its battery electric wide body truck, the 72 t XDR80TE being trialled at Vale’s Agua Limpa iron ore mines in Minas Gerais, Brazil and Sorowako nickel operations[…]
Mining services major Thiess has announced that it has secured a four-year ore hauling contract with Weda Bay Nickel, the largest nickel player on Halmahera Island, North Maluku, Indonesia. PT Weda Bay Nickel is owned 90% by Strands Mineral (held by Eramet 43% and Tsingshan 57%). PT Antam owns the remaining 10%. The contract, valued[…]
While Caterpillar and Sandvik are on the one hand major competitors – they also have a significant business relationship. Caterpillar has announced a major milestone for its engines business – Sandvik Mining and Rock Solutions has now specified more than 10,000 Cat® engines for installation into Sandvik drilling machines and equipment. Throughout the world, Caterpillar[…]
At CONEXPO 2023 in Las Vegas, Volvo Construction Equipment (Volvo CE) handed over the keys to the first construction machine made from fossil-free steel for a North American customer – and it’s the second delivery in the world. The machine, an A30G articulated hauler, has been purchased by Pennsy Supply Inc, a CRH company and long-standing[…]
At CONEXPO 2023, Liebherr is showcasing a hydrogen direct injection solution for heavy-duty combustion engines. With this technology, it aims to achieve maximum power density equal to the one of a conventional combustion engine. Hydrogen-based powertrains are an important part of Liebherr’s technology-open approach to alternative powertrain concepts. The aim of matching the performance of[…]
Fluor Corporation announced today that the company has sold its AMECO South America business, which includes assets in Chile and Peru, to STRACON Group, the diversified strategic partner to the mining sector in the Americas. AMECO South America has offices in Santiago, Copiapo and Antofagasta in Chile as well as Lima and Moquegua in Peru. STRACON[…]
Sandvik is introducing what it believes is an industry-first ‘opt-out’ recycling program for customers of carbide drill bits, aiming to transform the use of a material expected to run out within 40 to 100 years if consumption rates continue unabated. Tungsten, a key component in cemented carbide, is a scarce and finite material. Making tools[…]